Cost Calculation Formula:
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The Gas Vs Electric Calculator compares the operating costs of gas and electric systems by calculating the cost based on usage, rate, and efficiency of each energy source.
The calculator uses the following formulas:
Where:
Explanation: The formulas calculate the actual cost by factoring in both the consumption rate and the efficiency of each system.
Details: Comparing gas and electric costs helps consumers make informed decisions about energy usage, system upgrades, and long-term savings.
Tips: Enter usage in appropriate units, rate in dollars per unit, and efficiency as a percentage. All values must be positive numbers.
Q1: Why compare gas vs electric costs?
A: Comparing costs helps determine which energy source is more economical for your specific needs and usage patterns.
Q2: How accurate are these calculations?
A: The calculations provide a good estimate, but actual costs may vary based on additional factors like maintenance and installation costs.
Q3: What units should I use for usage?
A: Use consistent units for both gas and electricity (e.g., kWh for electricity and therms for gas, or convert to common units).
Q4: Are there environmental considerations?
A: Yes, besides cost, consider environmental impact. Electric systems may have lower emissions if powered by renewable sources.
Q5: Should I consider efficiency ratings?
A: Absolutely. Higher efficiency systems reduce energy waste and lower operating costs, even if the energy rate is higher.